Univar Solutions, a leading global solutions provider to users of specialty ingredients and chemicals, has executed a Letter of Intent with ClearShift, a leader in the development of gas-to-liquids technology and the production of carbon neutral specialty chemicals and low carbon fuels. In establishing this relationship, Univar Solutions plans to offer high-grade carbon neutral specialty chemicals from a forthcoming ClearShift facility in Louisiana.

"At Univar Solutions, we're committed to creating a cleaner, safer, and more sustainable world," said Vice President, Sustainable & Natural Products, Kelly Gilroy. "Our relationship with ClearShift is another positive step toward a lower carbon future as we support customers on their sustainability journeys."

Univar Solutions will help provide Dallas, Texas-based ClearShift with a channel to market its premium carbon friendly products that are expected to come online in 2027. The relationship will also help bring to market a suite of products for customers from around the globe who are seeking more sustainable solutions.

"We are very proud to celebrate our partnership with Univar Solutions," said John Stephenson, CEO of ClearShift. "Delivering carbon neutral products at an affordable price is a huge step toward reducing the world's carbon footprint. With the help of Univar Solutions, our products will have a major impact on societal transition toward a cleaner climate for generations to come." Piper Sandler is serving as ClearShift's exclusive financial advisor.